The government of France issued guidelines BOI-RFPI-PVI-20-20-20130809 on 9th August 2013, providing new reductions on capital gains for the purpose of individual income taxation and social contributions. The reduced tax rate is 25%. Moreover, the government also introduced a temporary tax reduction regime for capital gains on immovable property.
According to the temporary regime there will be reduced tax rate from 1 September 2013 to 31 August 2014 for capital gains on the disposal of immovable property or immovable property rights.
